Oil Market

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Greenland Forces Pause on Trump-Linked Oil Venture's Drilling Plans

A formal government reprimand over unapproved equipment movements led the company to delay operations and seek a permit targeted for winter 2027.

U.S. and Iran Announce Tentative Roadmap as Parties Clash Over What Was Agreed

Karl Rove Warns Iran Could Time Oil Disruptions to Hurt Trump in Midterms

Iran Expands Civilian Mobilization With Public Weapons Lessons and 'Self‑Sacrifice' Weddings

U.S. Grants Third Short-Term Waiver for Russian Oil as India Vows to Keep Buying

UAE Leaves OPEC to Pursue Independent Oil Strategy

OPEC+ Lifts June Oil Output After UAE Quits OPEC

BP Investors Rebuke Board Over Climate Disclosures and AGM Rules

CENTCOM Confirms A-10s Hunting IRGC Fast Boats in Strait of Hormuz

U.S.-Run Venezuelan Oil Sales Near $2 Billion as Caracas Freezes 19 Contracts

Transneft Cuts 250,000 Bpd Intake After Reported Ukrainian Strike on Tatarstan Oil Hub

OPEC Projects Q2 Drop in Demand for OPEC+ Crude as January Output Falls

U.S. Energy Chief Says Venezuela Could Lift Oil Output by 30%

U.S. Seizes Seventh Tanker Linked to Venezuela as Southcom Captures Sagitta

OPEC+ Core Starts Online Meeting to Set February Output Plan

White House NEC Chief Says U.S. Is Not in a Hiring Recession as Inflation Cools

Energy Department Awards Contracts to Buy 1 Million Barrels for Strategic Petroleum Reserve

Ukrainian Drone Strike Shuts Largest Unit at Russia’s Kirishi Refinery

Australia Cuts Russian Oil Price Cap to $47.60, Sanctions 95 ‘Shadow Fleet’ Vessels

Trans Mountain Says No New West Coast Pipeline Needed Before 2030